I've been doing student loan work for over 6 years now. Here is a chance for me to share some of my favorite comments I've heard over the years. Enjoy!
1) I co-signed a private student loan for my child. He/she isn't paying the loan. I want to sue them to make them pay.
My Response: I suppose a . . . Read More

This past weekend, I attended the Consumer Rights Litigation Conference put on by the National Consumer Law Center (NCLC). The opening speech was by Deputy Treasury Secretary Sarah Bloom Raskin. It was a fabulous speech about my favorite topic - student loans. Understand that the NCLC conference . . . Read More

When it comes to student loans, bankruptcy tends to be useless. But not always. Sometimes it can help. Sometimes it can hurt. Let's take a deeper look.
Bankruptcy Helps
If you have a federal student loan with a wage garnishment or social security offset, a bankruptcy can offer protection. Once a . . . Read More

True or false? Discharging a student loan in bankruptcy is insanely difficult. If you answered, you're correct.
True
Because perception is often reality, and the perception is that discharging student loans in bankruptcy is difficult, most folks believe this, attorney and non-attorneys alike. . . . Read More

I heard Illinois Attorney General Lisa Madigan speak two years ago at NCLC's Consumer Rights Litigation Conference in Chicago. It was obvious then that she was very protective of consumers. So it comes as no surprise to me that she's suing two student loan assistance companies.
Why Sue?
The . . . Read More

I pondered all the songs that could be appropriate for this post - ding dong the witch is dead, deadman's party, celebration time, the list goes on. But in the end, sing what you want, because it appears the death knell is ringing. Corinthian colleges is on its way out.
Corinthian Colleges
I . . . Read More

For-profit schools are often in the news, especially when discussing student loan debt. It's a statistical truth that their students have a higher rate of default, a higher drop-out rate, and more often require private student loans. These students are also more often sub-prime borrowers. Lets . . . Read More

Senator Warren’s bill failed to gain enough support to move on from the Senate. Now that it's dead, let me tell you why I’m glad for that.
This bill is a bad idea. It does little to help already struggling borrowers, and hurts more than most folks realize. Further, with President Obama’s recent . . . Read More

On June 9, 2014, President Obama took action to make college more affordable. Can we call this what it really it is? It’s an act to make student loans more affordable. This act in no way makes college any more affordable than it already isn’t.
What the President did was expand a program he . . . Read More

This past Friday I attended the ABI's (American Bankruptcy Institute) Student Loan Debt Crisis Symposium. It was...um...interesting. I say that because I came in with a unique perspective, being in the trenches and all. For me, it was more review and less of an informative or "problem solving" . . . Read More